DPG: BOD approves the plan for stock issuance to raise capital According to the decision dated April 05, 2019, Dat Phuong Joint Stock Company approved to issue shares to raise capital from the owner’s equity as follows:
- Stock name: Dat Phuong Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of outstanding shares: 29,999,962 shares
- Number of shares expected to be issued: 14,999,981 shares
- Total value (based on par value): VND149,999,810,000
- Exercise ratio: 50% (2:1) (Shareholder who owns 01 share will receive 01 right, and every 02 rights will be entitled to receive 01 new share).
- These shares will not be restricted transfer.
- Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at Dat Phuong Joint Stock Company.
- Time of implementation: expected in Q2.2019. HOSE
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